S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
AI Stock Caught Trading Under Secret Name (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
AI Stock Caught Trading Under Secret Name (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
TSE:CFP

Canfor (CFP) Stock Forecast, Price & News

C$15.99
-0.70 (-4.19%)
(As of 10/3/2023 ET)
Compare
Today's Range
C$15.92
▼
C$16.59
50-Day Range
C$15.99
▼
C$22.22
52-Week Range
C$15.92
▼
C$27.36
Volume
196,992 shs
Average Volume
175,027 shs
Market Capitalization
C$1.92 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$27.60
ProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesSocial Media

Canfor MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.6% Upside
C$27.60 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.42mentions of Canfor in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.86 out of 5 stars

See Top Rated MarketRank™ Stocks Here

CFP stock logo

About Canfor (TSE:CFP) Stock

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

CFP Price History

CFP Stock News Headlines

September 29, 2023 | americanbankingnews.com
Canfor Co. (TSE:CFP) Expected to Earn Q3 2023 Earnings of ($0.45) Per Share
September 26, 2023 | americanbankingnews.com
Canfor (TSE:CFP) Downgraded by Raymond James to Outperform
October 4, 2023 | Wall Street Fundamentals (Ad)
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
September 25, 2023 | forbes.com
Convert CFP Franc To United States Dollar
September 25, 2023 | finance.yahoo.com
VIDA to acquire Sawmill in Ingarp, Sweden
September 25, 2023 | msn.com
Canfor's Vida signs deal to buy sawmill in Sweden for $6 million
September 14, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp up on Thursday (CFP)
September 14, 2023 | finance.yahoo.com
Canfor to Build New State-of-the-Art Mill in Houston, BC
October 4, 2023 | Wall Street Fundamentals (Ad)
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
August 29, 2023 | sports.yahoo.com
After Pac-12's implosion, College Football Playoff format set for another shakeup
July 28, 2023 | finance.yahoo.com
CANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2023
June 30, 2023 | finance.yahoo.com
Canfor Corporation's (TSE:CFP) biggest owners are private companies who got richer after stock soared 11% last week
June 3, 2023 | finance.yahoo.com
Is There An Opportunity With Canfor Corporation's (TSE:CFP) 31% Undervaluation?
May 23, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp down on Friday (CFP)
May 7, 2023 | finance.yahoo.com
Canfor First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags
May 6, 2023 | finance.yahoo.com
Analysts Are Updating Their Canfor Corporation (TSE:CFP) Estimates After Its First-Quarter Results
May 3, 2023 | finance.yahoo.com
CANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2023
April 26, 2023 | finance.yahoo.com
Recent 5.0% pullback isn't enough to hurt long-term Canfor (TSE:CFP) shareholders, they're still up 119% over 3 years
April 14, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp up on Friday (CFP)
April 11, 2023 | theglobeandmail.com
Closing Bell: Canfor Corp up on Monday (CFP)
March 1, 2023 | finance.yahoo.com
CANFOR ANNOUNCES 2022 AND FOURTH QUARTER OF 2022 RESULTS
December 20, 2022 | finance.yahoo.com
At CA$21.40, Is It Time To Put Canfor Corporation (TSE:CFP) On Your Watch List?
December 5, 2022 | finance.yahoo.com
Canfor Temporarily Curtailing Canadian Production Capacity
October 27, 2022 | finance.yahoo.com
CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022
October 19, 2022 | yahoo.com
Elizabeth McCracken on Brit Bennett, 'Bel Canto,' and the Book That She Always Recommends - Yahoo Life
October 18, 2022 | dailymail.co.uk
Bayern Munich's Sadio Mane delivers heart-warming speech after winning the Socrates Award - Daily Mail
October 17, 2022 | finance.yahoo.com
Canfor Pulp Temporarily Curtailing Intercontinental Pulp Mill - Yahoo Finance
See More Headlines
Receive CFP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter.

CFP Company Calendar

Last Earnings
7/27/2023
Today
10/04/2023
Next Earnings (Estimated)
10/26/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Lumber & Wood Production
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:CFP
CUSIP
N/A
CIK
N/A
Web
www.canfor.com
Phone
+1-604-6615241
Fax
N/A
Employees
7,908
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$27.60
High Stock Price Forecast
C$29.00
Low Stock Price Forecast
C$26.00
Forecasted Upside/Downside
+72.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C($2.45)
Trailing P/E Ratio
N/A
Forward P/E Ratio
16.83
P/E Growth
N/A
Net Income
C$-306,400,000.00
Net Margins
-5.22%
Pretax Margin
N/A
Return on Equity
-6.89%
Return on Assets
-2.98%

Debt

Debt-to-Equity Ratio
8.78
Current Ratio
3.00
Quick Ratio
2.14

Sales & Book Value

Annual Sales
C$5.87 billion
Price / Sales
0.33
Cash Flow
C$8.91 per share
Price / Cash Flow
1.79
Book Value
C$32.63 per share
Price / Book
0.49

Miscellaneous

Outstanding Shares
120,110,000
Free Float
N/A
Market Cap
C$1.92 billion
Optionable
Not Optionable
Beta
2.04
5G Stocks: The Path Forward is Profitable Cover
5G Stocks: The Path Forward is Profitable

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Donald B. Kayne (Age 65)
    Pres, CEO & Director
    Comp: $2.51M
  • Mr. Patrick A. J. Elliott
    CFO & Sr. VP of Sustainability
  • Mr. David M. Calabrigo (Age 64)
    Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec.
    Comp: $1.54M
  • Mr. Kevin Pankratz
    Sr. VP of Sales & Marketing
  • Mr. Stephen MacKie
    Exec. VP of North American Operations
  • Mr. Daniel Barwin
    Director of Corp. Fin.
  • Jim Bogle
    VP of Technology & Digital
  • Ms. Michelle Ward
    VP of Corp. Communications
  • Ms. Katy Player
    Sr. VP of People
  • Ms. Susan L. Yurkovich B.A. (Age 57)
    M.B.A., Sr. VP of Global Bus. Devel.

Key Competitors

View All Competitors













CFP Stock - Frequently Asked Questions

Should I buy or sell Canfor stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CFP shares.
View CFP analyst ratings or view top-rated stocks.

What is Canfor's stock price forecast for 2023?

4 brokerages have issued 1-year price objectives for Canfor's shares. Their CFP share price forecasts range from C$26.00 to C$29.00. On average, they anticipate the company's stock price to reach C$27.60 in the next twelve months. This suggests a possible upside of 72.6% from the stock's current price.
View analysts price targets for CFP or view top-rated stocks among Wall Street analysts.

How have CFP shares performed in 2023?

Canfor's stock was trading at C$21.31 at the beginning of the year. Since then, CFP stock has decreased by 25.0% and is now trading at C$15.99.
View the best growth stocks for 2023 here.

When is Canfor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CFP earnings forecast.

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) issued its quarterly earnings data on Thursday, July, 27th. The company reported ($0.36) earnings per share for the quarter, topping analysts' consensus estimates of ($0.64) by $0.28. The company had revenue of $1.45 billion for the quarter. Canfor had a negative trailing twelve-month return on equity of 6.89% and a negative net margin of 5.22%.

What other stocks do shareholders of Canfor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).

What is Canfor's stock symbol?

Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP."

How do I buy shares of Canfor?

Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Canfor's stock price today?

One share of CFP stock can currently be purchased for approximately C$15.99.

How much money does Canfor make?

Canfor (TSE:CFP) has a market capitalization of C$1.92 billion and generates C$5.87 billion in revenue each year. The company earns C$-306,400,000.00 in net income (profit) each year or C($2.45) on an earnings per share basis.

How many employees does Canfor have?

The company employs 7,908 workers across the globe.

How can I contact Canfor?

Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The official website for the company is www.canfor.com. The company can be reached via phone at +1-604-6615241.

This page (TSE:CFP) was last updated on 10/4/2023 by MarketBeat.com Staff

My Account -